Axion Power(TM) CEO Tom Granville on Panel at CERAWeek 2010

NEW CASTLE, Pa., March 10 /PRNewswire-FirstCall/ -- Axion Power International, Inc. (OTC Bulletin Board: AXPW), the developer of advanced lead-carbon PbC® batteries, announced its CEO, Thomas Granville, has been invited to participate in the CERAWeek 2010, this week at the Hilton Americas – Houston. Granville will speak on a panel chaired by Sergej Mahnovski, IHS CERA Director for the Global Power Group entitled "Power Storage: Batteries and Beyond." The session will take place 7:30-8:50am CST on Friday, March 12th.

CERAWeek is widely considered to be the most prestigious annual meeting of the global energy industry. It includes over 1,800 distinguished energy industry leaders from over 60 countries, including energy executives, key members of the financial community, Ministers and officials, and thought leaders. It has recently been rated one of the top five "corporate leader" conferences in the world.

Axion Power's advanced PbC® batteries combine high performance characteristics with the proven manufacturability and near-total recyclability of traditional lead-acid batteries. The PbC® patented carbon electrode is a disruptive technology in the battery world, and is the reason for Axion Power's strategic partnerships with major battery companies such as Exide Technologies. While much of the public discussion regarding batteries focuses on transportation, Axion Power's batteries are well suited not only to all forms of motor vehicles, but also to other various storage applications for the renewable – wind and solar and to the needs of electric utilities, including on-grid buffering and power quality and potential peak shaving.  

Other Featured Speakers at CERAWeek 2010 include:

• The Honorable Steven Chu, U.S. Secretary of Energy, Department of Energy
• Khalid Al-Falih, president and CEO, Saudi Aramco
• Jean-Francois Cirelli, vice chairman and president, GdF SUEZ
• Theodore F. Craver, Jr., chairman, president and CEO, Edison International
• Peter Darbee, Chairman, president and chief executive officer, PG&E Corporation
• Philippe Joubert, executive vice president, Alstom, president of Alstom Power
• Andrew Liveris, chairman and chief executive officer, Dow Chemical Company
• Mike Morris, Chairman, president and CEO, American Electric Power Company Inc.
• James Mulva, Chairman, president and CEO, ConocoPhilips
• Tom Walters, president gas and power marketing, ExxonMobil

CERAWeek Online 2010: (subscription required)

To Enable Virtual Participation in CERAWeek 2010 visit: http://www2.cera.com/ceraweek2010/online/

For more information on CERAWeek 2010 program, please visit: http://www2.cera.com/ceraweek2010/  

About Axion Power International, Inc.

Axion has developed and patented a next generation energy storage device that won the prestigious Frost & Sullivan Technology Award for North America in the field of lead-acid batteries. According to Frost & Sullivan, Axion's new PbC® batteries have "the potential to revitalize the lead-acid battery industry by breathing new life into an established technology that is not well suited to the requirements of important new applications like hybrid electric vehicles and renewable power."

Axion Power International, Inc. is the industry leader in the field of lead-acid-carbon energy storage technologies. Axion believes this new battery technology is the only class of advanced battery that can be assembled on existing lead-acid battery production lines throughout the world without significant changes to production equipment and fabrication processes. It also believes it will be able to manufacture carbon electrode assemblies in volume at low cost using standard automated production methods that are commonly used in other industries. If and when its electrode manufacturing methods are fully developed, Axion believes it will be able to sell carbon electrode assemblies as virtual plug-and-play replacements for lead-based negative electrodes used by all other lead-acid battery manufacturers. Axion's future goal, after filling their plant's lead-carbon battery production capacity, is to become the leading supplier of carbon electrode assemblies for the global lead-acid battery industry.

For more information, visit www.axionpower.com

SOURCE Axion Power International, Inc.